We're waiting for a rebound from 38.2% fib level to pick a buy position towards 149.90. | 03 اكتوبر 2022

03 اكتوبر 2022, USD/JPY

We're waiting for a rebound from 38.2% fib level to pick a buy position towards 149.90.

Wave Analysis

During the previous trading week, the US Dollar continues to move to the upperside and is not showing any signs of pulling back to the lowerside. As it is right now, I am waiting for a pullback towards 38.2% fib level to pick a possible long term buy position towards 149.90 and may continue much higher. On this chart, only buy positions looks ideal and can safely be recommended.

Trade Recommended.

We're waiting for a rebound from 38.2% fib level to pick a buy position towards 149.90.


The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
Bob Stan
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